Ellington Income Opportunities Fund Momentum Indicators Average Directional Movement Index

EIOMX Fund  USD 8.63  0.01  0.12%   
Ellington Income momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Ellington Income. Ellington Income value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Ellington Income are pattern recognition functions that provide distinct formation on Ellington Income potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The average directional index (ADX) measures the strength of a prevailing trend of Ellington Income Opp and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Ellington Income ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Ellington Income Technical Analysis Modules

Most technical analysis of Ellington Income help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ellington from various momentum indicators to cycle indicators. When you analyze Ellington charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Ellington Income Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ellington Income Opportunities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ellington Income Opportunities based on widely used predictive technical indicators. In general, we focus on analyzing Ellington Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ellington Income's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Ellington Income's intrinsic value. In addition to deriving basic predictive indicators for Ellington Income, we also check how macroeconomic factors affect Ellington Income price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
7.928.639.34
Details
Intrinsic
Valuation
LowRealHigh
7.988.699.40
Details
Naive
Forecast
LowNextHigh
7.658.369.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.478.959.42
Details

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Other Information on Investing in Ellington Mutual Fund

Ellington Income financial ratios help investors to determine whether Ellington Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ellington with respect to the benefits of owning Ellington Income security.
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